In recent years, small businesses have suffered around 31% of cyber attacks. It’s clear that an effective data security policy is essential to avoiding these attacks, and in order for a policy to be effective there are key elements that must be included in the framework. In a world where 52% of breaches are caused by human and system failure vs. malicious intent, it’s imperative that the policy you create be shared and well-understood by all employees at your company. By incorporating the following key elements into your data security policy, your company will be in a better position to beat the odds.[Read more…]
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In today’s workplace, it is more important than ever to be aware of the security risks that lurk at every corner of the digital space. Even more important, is having safeguards in place to protect against any threat, breach, or attack that may come your company’s way. Though no one method can be guaranteed foolproof 100% of the time, by utilizing practices for risk management, you are putting your company in a much better position to beat the odds. Here are our suggested best practices.
Any step taken to protect your business against liabilities resulting from breached or failed technology is a step in the right direction. However, a business must be sure not to confuse policies and assume coverage exists where it does not.
Two policies that are commonly mistaken for the other are technology errors and omissions insurance (tech E&O) and cyber and privacy insurance. Although both policies contain a number of the same insuring agreements, there are key differences. [Read more…]
Confronting the possibility of a cyber threat affecting your business is a daunting, yet absolutely necessary task. It can happen to any business, large or small, at any time. Businesses that will thrive in the aftermath of an attack will have understood their risk prior, and made appropriate steps to protect themselves. Risk managers and insurance agents must work together to address exposures faced by the entity they have been enlisted to protect. [Read more…]
The Internet of Things is a concept that encompasses a multitude of complexities, and has become an increasingly hot topic in the workplace. If up to this point, the term has drawn a blank for you, don’t worry; you will just need to start with the basics. Here are 3 key points to help you in gaining a fundamental understanding, so that you may start the learning process and begin take part in the conversation. [Read more…]
Social engineering is a method that cyber criminals use to trick individuals into revealing confidential information to gain access to systems. Once obtained, that information can be used to carry out actions that could lead to the demise of your organization; a whopping 60% of small companies go out of business within six months of a cyber-attack. Fortunately, knowledge is power. Here are the most common social engineering attacks to look out for. [Read more…]
When asked, many small businesses will express concern about cyber security. However, a clear disconnect exist when less than half (49%) allocate any budget toward mitigating their risk. Before an attack can be prevented, a business needs to acknowledge where it stands. Is your business on the right side of these key cyber security statistics? [Read more…]
A settlement stemming from a lack of gluten-free foods at a Massachusetts university sets a precedent that requires public establishments, such as restaurants, to accommodate the dietary restrictions of those with severe food allergies.
A form of entertainment in many restaurants, flaming beverages liven up the patron experience and is often treated as a bit of a performance in some establishments where food and drinks are cooked and served for all to see.
With a wave of millennial’s entering the workforce, companies have evolved to create a “new workplace” that attracts that demographic of talent. Common perks of the “new workplace” include modern decor, free snacks, unlimited vacation and beer on tap. While great for your employer brand, the reality of these new perks is increased liability risk to your business.